Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

787 Lexington Ave Mansfield, OH 44907-1998

  • Strip malls
  • 4,042 SF
  • 0.98 lot acres
OFF-MARKET
Last Sale
Dec 26, 2023
$500,000
Value Estimations
$740,000
Show details
Cap Rate Potential
7.8%
Strip malls
Location Intelligence
Property ID
US66-1743616
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Heartland Hearing MFD / Hearing Aid Store
  • Arnold Amy / Massage Therapist

Property Details for 787 Lexington Ave

Year built
1955
Lot size
0.98 lot acres
Property size
4,042 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
027-07-190-07-000
APU
270719007000

Description

This exceptional single-tenant office suite, identified as Suite 311, offers 86 square feet of dedicated workspace, ideal for a sole practitioner or individual requiring a private and efficient office environment. Located within a larger building encompassing 27,768 square feet situated on a 0.982-acre lot, this space provides the perfect blend of privacy and accessibility. The suite is categorized as both a traditional and executive office, suggesting a professional and well-maintained building. The single-tenancy aspect ensures quiet and uninterrupted work, eliminating the distractions often associated with shared office spaces. The compact size is perfect for those seeking a cost-effective solution without compromising on privacy or professionalism. This is an excellent opportunity for an individual professional to establish a productive and private workspace in a well-maintained building. The building itself offers a traditional office environment, suitable for a range of professional uses. The location, while not specified, is implied to be desirable given the description's emphasis on the suite's appeal to those seeking a private workspace. The property's size and classification suggest a well-maintained and potentially prestigious address. This is a rare opportunity to secure a private, efficient, and well-located office space. The 86 square foot layout is designed for optimal functionality and privacy, making it an attractive option for a variety of individual professionals. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $705,000
    ML approach
    $600,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $920,000
    6.5%
    $845,000
    7%
    $785,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Mansfield
County
Richland
State
Ohio
Longitude
-82.5323
Latitude
40.7349
CBSA code
31900
CBSA name
MANSFIELD, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,765
$59,910
$106,340
$166,250
-
$171,180
$303,820
$475,000
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message